Shenyang Xingye Machine Tool Co., Ltd. completed a Series A financing of 50 million yuan.

36Kr learned that recently, Shenyang Xingye Machine Tool Co., Ltd. announced the completion of a Series A financing of RMB 50 million. The financing was led by Tsinghua Holdings and strategically followed by Taifu Precision. The funds raised will be mainly used for the iteration of the core technology of five-axis linkage, the expansion of the intelligent production workshop, and the construction of a high-end talent echelon.